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Aravindan

Kottayam, Sept. 6 Physical rubber prices improved on Saturday. According to market circles, covering purchases to fulfil the commitments kept the market firm in the weekend session. Supply concerns continued to put pressure on the buyers while RSS 4 firmed up to Rs 140.50 from Rs 140 a kg on Friday. Major consuming industries were active on sheet rubber up to Rs 140 a kg during the week. In the international scene, the September contract for RSS 3 which opened at ¥343.5 on Monday last slipped to ¥333.6 (Rs 140.17) a kg at TOCOM. In the domestic market, sheet rubber RSS 4 lost 50 paise per kg during the week. The trading volumes were low.

Spot prices were (Rs/kg): RSS-4: 140.50 (140); RSS-5: 136.50 (136); ungraded: 134 (133); ISNR 20: 130 (130) and latex 60 per cent: 80.50 (80.50).

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